Mortgage rates take a light shaving ahead of next week's expected haircut

As usual, regional players will save you a few more bucks in some cases. While banks charge a premium for the privilege of ...

Posthaste: Why economists are cutting their forecasts for the Canadian dollar

The Canadian dollar is losing ground, prompting some economists to cut their forecasts for the currency “substantially.” ...
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Stocks Pressured as Fed Chair Powell Downplays Further Rate Cuts

The S&P 500 Index ($SPX) (SPY) on Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.16 ...

The Bank of Canada just cut interest rates to 2.25%

The Bank of Canada delivered another rate cut Wednesday, lowering its overnight benchmark by 25 basis points to 2.25 per cent ...

How do lower interest rates impact your life?

Interest is what consumers or institutions pay to borrow money. It’s also what a bank might pay a client for leaving money in their account. When you take out a loan, "you'll be given the cash and you ...

Bank of Canada to cut interest rate once more on October 29, say economists

The Bank of Canada will reduce its overnight interest rate by 25 basis points on October 29 for a second consecutive time to ...